Women in Business Challenge 2015

The business plan competition for women entrepreneurs in Sub-Saharan Africa seeking training, coaching, networking and finance to start and grow their business.

Goal

Women entrepreneurs face significant structural and cultural barriers when starting and growing a business.

The 6th edition of the Women in Business Challenge is a business plan competition aiming to address the problems of underinvestment and increase the number of opportunities for female entrepreneurs in emerging markets. Empowering women entrepreneurs through coaching services, tools and investor connections to progress their business to the next level is our goal.

Criteria & timeline

The business plan competition is aimed at women entrepreneurs who are located in Sub-Saharan Africa. We encourage submissions of business plans in all sectors but have a special focus on businesses in the fields of renewable energy, water or food and agriculture.

Submit your full business plan including financial plan before June 12th 2015. Selected entrepreneurs get free coaching during a period of 3 months. Finalists will be invited on a business trip to the Netherlands in December 2015.

Benefits

Subscribe and get free coaching, feedback and support in improving your business plan and growing your business:

  • Win a business trip to the Netherlands for training, b2b and investor meetings
  • Get to pitch in front of the investment committee of the Female Investment Fund of BiD Network, Vera Community and Vive Invest, and be considered for investment

Would you like to get more information?

Contact us

Results

5 editions since 2009

1,572 participating women entrepreneurs

190 women entrepreneurs coached by a professional

750 women supported in business and financial planning

25 finalists invited to the Netherlands

Success Stories

Winner 2014 - MoWoza

MoWoza, owned by Suzana Moreira from South Africa,  offers a simple-to-use mobile commerce service efficiently giving informal cross-border traders instant access to products and services.

“Participating in the Bidnetwork challenge was a hugely positive opportunity for us as we got access to funders, met industry people who provided us with a lot of insight and contacts.  The training at the BiD Network workshop was very informative and allowed to meet other entrepreneurs who are providing solutions for equally challenging issues.”

Winner 2013 - ReelFruit

Affiong Williams from Nigeria has managed to grow her business called ReelFruit more than 400% in 2014. ReelFruit are healthy dried fruit snacks sold in many supermarkets.

“The challenge exposed me to best minds to help me think through my business, and also increased my networks in a market that I plan to export my products to which has been beneficial to me.  By winning, the funds helped us expand our product range which increased our turnover.”

 

Participant 2014 - Nanas y Amas

Nanas Y Amas is an agency for nannies and other housekeeping staff managed by Claudia Esparza from Peru. Since last year her company has realized a 30% growth.

“The Women In Business Challenge was a great impulse that helped as grow, and helped us to think bigger. After the competition people start looking at us in a different way, we got more prestige, and everyone is allowed to help us. So thank you very much for the opportunity!”

 

 

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